· Mini-System 3000 to be installed at Impro Industries foundry in China
· Series production of industrial power engine components for the export
market
· Continued growth in Asia, with fourteen installations in China, Japan and
Korea
[Stockholm, 25 August 2014] - Following successful product development and
product validation, Impro Industries (Yixing) Company, Ltd. has acquired a
SinterCast licence in preparation for the start of series production of
Compacted Graphite Iron (CGI) industrial power components. Under the terms of
the agreement, SinterCast will supply a Mini-System 3000 process control system
and will provide engineering support to establish a robust process for the
production of CGI components conforming to the international ISO 16112
standard. The SinterCast installation will enable Impro Industries, which
specialises in heavy-duty and industrial power castings, to produce CGI
components for the export market at its foundry in Yixing, Shiangsu, China. The
Mini-System 3000 will be shipped during August 2014 and is planned to be
commissioned during the fourth quarter of 2014. Initial series production is
expected to begin before year-end.
"This agreement marks our eighth installation in China and our fourteenth
installation in the important Asian market, broadening our presence and brand
awareness, and providing new opportunities to increase our production of
components in the industrial power sector" said Dr Steve Dawson, President & CEO
of SinterCast. "Approximately 10% of SinterCast's current series production is
derived from components other than automotive cylinder blocks and heads, and
this installation reinforces the opportunity to maintain this contribution level
as the core automotive market continues to grow. We look forward to supporting
the series production launch of the first component destined for the export
market, and to increasing our presence in the off-road, construction,
agriculture, rail, marine and stationary power industries."
For more information:
Dr. Steve Dawson
President & CEO
SinterCast AB (publ)
Tel: +46 8 660 7750
e-mail: steve.dawson@sintercast.com
Impro Industries is one of China's leading producers of iron castings for high-
horsepower and heavy-duty engine applications and of precision engineered
components for the automotive, hydraulic, marine, aerospace and healthcare
markets. Impro Industries produces a wide-range of sand cast and investment
cast components and machined parts, offering solutions to the precision
component needs of a wide variety of customers in the domestic and export
markets. For more information: www.impro.com.hk
SinterCast is the world's leading supplier of process control technology for the
reliable high volume production of Compacted Graphite Iron (CGI). With at least
75% higher tensile strength, 45% higher stiffness and approximately double the
fatigue strength of conventional grey cast iron and aluminium, CGI allows engine
designers to improve performance, fuel economy and durability while reducing
engine size, weight, noise and emissions. The SinterCast technology, with 40
installations in 12 countries, is primarily used for the production of petrol
and diesel engine cylinder blocks and exhaust components for passenger vehicles;
medium-duty and heavy-duty cylinder blocks and heads for commercial vehicles;
and, industrial power engine components for marine, rail, off-road and
stationary engine applications. SinterCast's series production components range
from 2 kg to 9 tonnes, all using the same proven process control technology.
The SinterCast share is quoted on the Small Cap segment of the Stockholm NASDAQ
OMX stock exchange (Stockholmsbörsen: SINT). For more information:
www.sintercast.com
END
[HUG#1850551]
Impro Industries adopts SinterCast technology for industrial power export production
| Source: SinterCast AB
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